In a recent Committee of the Whole meeting, the Grand Forks City Council discussed significant developments regarding Cirrus Aircraft, a key player in the local economy. The council highlighted a proposed 30,000 square foot expansion of Cirrus's facility, estimated to cost approximately $10.5 million. This expansion is part of a larger strategy to solidify Grand Forks as a central hub for the production of parts for both piston and jet aircraft.
The discussion emphasized the importance of maintaining and enhancing Cirrus's role in the community, especially given its growth trajectory over the past decade. Cirrus, which has rebounded impressively since facing challenges after the Great Recession, currently employs around 485 people. The planned expansion is expected to create an additional 30 to 45 jobs, further solidifying its status as one of the largest employers in the region, alongside L. M. Wind Power and JR Simplot.
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Subscribe for Free In a competitive landscape where other communities are vying for Cirrus's business, the council proposed a 10-year, 100% tax exemption to incentivize the expansion. Initially, a 5-year exemption was considered, but the council recognized the need to enhance their offer to remain competitive. Additionally, the council plans to utilize PACE financing, a common tool for supporting primary sector industries, to facilitate this growth.
The discussions at the meeting reflect a broader commitment by the Grand Forks City Council to support local businesses and foster economic development. As Cirrus Aircraft continues to expand, the city aims to ensure that it remains a vital part of the community's economic landscape, paving the way for future growth and job creation.